Analyst Adjusts FY2026 EPS Estimates for Axos Financial

On December 19th, 2024, analysts at DA Davidson released a report indicating an increase in their earnings per share (EPS) estimate for Axos Financial, Inc. (NYSE:AX). Analyst G. Tenner now predicts that Axos Financial will achieve an EPS of $7.26 for the fiscal year 2026, up from a previous estimate of $7.20. In comparison, the consensus estimate for the company's current fiscal year EPS stands at $7.07.

Axos Financial has garnered attention from various financial analysts recently. StockNews.com upgraded its rating on Axos Financial from a “sell” to a “hold” on December 9th. Meanwhile, Wedbush adjusted its price target for the stock, reducing it from $80.00 to $75.00 and maintaining a “neutral” rating as of September 24th. Conversely, Needham & Company LLC raised their price target from $82.00 to $85.00 and rated the stock as a “buy” on October 31st. Additionally, Keefe, Bruyette & Woods increased their price objective for Axos Financial from $74.00 to $91.00, assigning a “market perform” rating on December 4th. Currently, three analysts recommend holding the stock while three favor a buy rating. According to MarketBeat, the consensus rating for Axos Financial is a “Moderate Buy,” with an average target price of $83.20.

Current Price Performance of Axos Financial

As of Friday, shares of NYSE AX opened at $71.73. Axos Financial has a market capitalization of $4.10 billion, a price-to-earnings (PE) ratio of 8.68, and a beta of 1.42. Its liquidity ratios include a quick ratio of 1.08 and a current ratio of 1.08, while the debt-to-equity ratio is 0.17. Over the past year, the stock has ranged from a low of $44.10 to a high of $88.46. The fifty-day simple moving average for the stock is $75.57, while the 200-day average stands at $67.19.

Axos Financial published its quarterly earnings data on October 30th, reporting earnings of $1.96 per share for the quarter, surpassing the consensus estimate of $1.80 by $0.16. The company's revenue was $512.87 million, exceeding the estimated $299.59 million. Axos Financial reported a return on equity of 18.99% and a net margin of 24.07%. In the same quarter of the previous year, the company reported an EPS of $1.41.

Insider Trading Activity

In recent insider trading news, Edward James Ratinoff, a director at Axos Financial, sold 4,002 shares on November 15th at an average price of $79.41, totaling approximately $317,798.82. This transaction brought his remaining holdings down to 46,209 shares, valued around $3,669,456.69, indicating a 7.97% decrease in his position. Furthermore, CEO Gregory Garrabrants sold 125,000 shares on November 6th, at an average price of $81.89 for a total of $10,236,250.00. Following this, he holds 1,340,377 shares valued around $109,763,472.53, reflecting an 8.53% decline in his ownership. Insider ownership in Axos Financial stands at 5.07%.

Institutional Investor Actions

Recent movements by institutional investors show increased activity surrounding Axos Financial shares. 1620 Investment Advisors Inc. acquired a new position in Axos Financial during the second quarter, investing approximately $49,000. Louisiana State Employees Retirement System raised its holdings by 1.6%, now owning 25,500 shares worth around $1,457,000. Argent Capital Management LLC reported a 39.6% increase in its stake, holding 8,374 shares valued at $479,000 after acquiring an additional 2,375 shares. Allspring Global Investments Holdings LLC also expanded its stake by 15.3%, now owning 239,781 shares worth about $13,703,000, following an additional purchase of 31,890 shares. Additionally, Picton Mahoney Asset Management entered a new stake in Axos Financial worth approximately $166,000. Overall, institutional investors hold 83.79% of the company’s shares.

About Axos Financial

Axos Financial, Inc. provides consumer and business banking services across the United States, operating through two main segments: Banking and Securities. The company offers a variety of deposit products, including consumer and business checking accounts, savings accounts, money market accounts, and more.

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